Member Info for nomlungu

"Yanks up over 19% now"

There is the 'proof' that the Americans want in?

Why BP - surely a better RAMP would be that the Americans want in?

'Tortoise cited an unnamed Conservative source as saying Hester had given another £5m, taking his total donations to £15m, and that the party was “sitting on” the new money before it was confirmed in the next Electoral Commission update of donations, due in early June.'

https://www.theguardian.com/business/2024/mar/14/tories-urged-return-further-5m-donation-frank-hester

This puts $unak in a dicey position... They have the cash [and have not even declared the donation] so cannot claim that they do not have the money to return the donation. It takes the game up another level especially as I would expect the money to go to Reform if it was returned.

Spectacular footage sent with Starlink from the Starship re-entry - TV News will love it

Evi might be interested as they are 'a Nordic focused, multi commodity, exploration and development company with a portfolio of assets in Sweden, Finland and Kosovo'.

Primary Bid @ o.61p; Bid still 0.7p.

13h19 is the timestamp on my email

MAFL have an investment in Digbee... not sure how much but probably around 1% of the company, but there is unlikely to be any other AIM tiddler with some of those (unlisted) shares.

Half year report - cash of AUS$19.4m; 6 month cash consumption was AUS$16m with 'various austerity measures' cutting administration expenditure by around AUS$900k with another similar cut expected going forward. Exploration costs will drop by around AUS$3m [see RNS quote below] so cash likely to be constrained again in 2nd half despite 'development activities' appearing to be paused until 2025.

"The Group has prepared a cash flow forecast for the period ending 31 March 2025 which incorporates all non-discretionary expenditure to advance the Group's projects. Other than the Group's continuing contributions to the Primobius Joint Venture, the revised cash flow forecast does not assume that development activities in relation to the Group's remaining projects commence in the period ending 31 March 2025."

The recent sp rise seems based on hopium?

China’s treatment of local debt ‘ulcer’ threatens growth target

Beijing clamps down on province-level infrastructure spending even as it tries to stimulate economy

https://www.ft.com/content/901bc68e-ad35-42eb-97e0-542c631b9033

Big dent in demand for steel etc

I thought this was a pi55take: "Aluminum Preparing for a Major Breakthrough in Bridge Engineering"

https://www.lightmetalage.com/news/industry-news/extrusion/aluminum-preparing-for-a-major-breakthrough-in-bridge-engineering/

That share will not see Labour in GOV as positive.

Adrian - is this your 2nd or 3rd account today? You really ought to complain to the Police and the Reform Party about the suffering you have to endure under Cancel Culture.

Maybe Farage will or 30plee campaign for your cause?

#freethefool

1 vote of support registered... from a Mr Watkins.

'Four years of protestor legal challenges have delayed further drilling and testing at Horsehill Surrey.

UKOG need to test Horsehill first as they have stated in the past to gain knowledge to re enter

Broadford Bridge . More time is needed while we wait for the Supreme Court decision to be handed to

Sarah Finch and Surrey County Council.

Thank you.'

Viera,

'do you think Val will be able to raise 1 years money c£2m if SuZy is on the BOD ?'

Surely that is what convertible loans are for... there is nearly always a Spiv with a satchel of cash as long as the price is right.

'Cash runway now appears sufficient to carry it well into 2025'

I expect that it will be gone before the year end... The company seemed to be running on fumes when the raise was done which was around £1.7m after associated costs. Current operating costs are around £200k a month. How do you get to year end let alone 'well into 2025'?

Is it a coincidence that you use the clown emoji just like Adrian?

Good Money Stuff article from Matt Levine

https://www.bloomberg.com/opinion/articles/2024-03-12/adm-gave-itself-some-discounts

From memory, the promotor behind the Severn Project has said that they will need millions of tonnes of rocks to form the sea walls required... And by happy coincidence he happens to own a mine in Cornwall that will be able to supply all the rocks required, just as long as the taxpayers pay up front. The Private Eye has been going on about that grift for years. Old Private Eye article below:

https://euanmearns.com/keeping-the-lights-on-2/

#generous

And your experience in valuations is reading a post on a bulletin board?

World's largest tidal range project set to bridge Liverpool's Mersey river

https://newatlas.com/energy/mersey-tidal-power-worlds-largest/

'The same brief estimated that the Mersey barrage would cost $820 per kWh' - do they think we are mugs?